What is the Workforce Housing Pilot Program?
Launched in 2017, The Workforce Housing Pilot Program subsidizes the rents for twenty-two (22) units of workforce housing for community-serving professions such as teachers for five years. The pilot is in year 4 of the 5-year program. Hello Housing is administering the program.
What are the Program benefits?
Affordable housing is typically defined as a household spending no more than 30% of their income on housing. This pilot program will offer participants the opportunity to live in the brand-new community of 777 Hamilton while paying no more than 30% of their household income on rent. For example:
- If a household is earning $50,000 a year, the monthly rent would be equal to $1,250 per month.
- If a household is earning $100,000 a year, the monthly rent would be equal to $2,500 per month.
- If a household is earning $150,000 a year, the monthly rent would be equal to $3,750 per month. This rent amount would exceed market-rate rents for a 1-bedroom apartment, so the program would not be beneficial at that income.
Participants in Workforce Housing undergo recertification every year beginning in March, however, due to coronavirus, this will be delayed. If you are a current resident, please look out for recertification updates via email. If you have any questions, please contact Hello Housing.
Six units are being offered at 777 Hamilton Avenue. The application period concluded August 21st.
Preference will be given to the following tiers:
- 1st Tier: Teachers employed by the Ravenswood City School District or a nonprofit school (including nonprofit preschools) that is located in the area encompassed by the Ravenswood City School District (which includes the Belle Haven Neighborhood of Menlo Park, areas in the City of East Palo Alto, and North Fair Oaks neighborhood of San Mateo County). *To fill reserved units, highest preference will be given to teachers employed at the following schools: Belle Haven Elementary, Cesar Chavez Academy, Ravenswood Child Development Center, Willow Oaks and East Palo Alto Academy.
- 2nd Tier: Teachers employed by the Menlo Park City School District, Las Lomitas School District, or Menlo-Atherton High School
- 3rd Tier*: Persons engaged in public safety professions (e.g. police officers, firefighters, etc.) and employed by the City of Menlo Park or the Menlo Park Fire Protection District; and
- 4th Tier*: Persons employed by public interest non-profit organizations (including nonprofit schools and district schools) located in the cities of Menlo Park or East Palo Alto.
* At this time, only Tier 1 and Tier 2 applicants are invited to submit applications. If all 6 available apartments are not filled by 1st Tier and 2nd 2nd Tier applicants, 3rd Tier, and 4th Tier applicants will be invited to apply.